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The assets and liabilities of Thompson Computer Services at October 31, the end of the current fiscalyear, and its revenueand expenses for the year are

The assets and liabilities of Thompson Computer Services at October 31, the end of the current fiscalyear, and its revenueand expenses for the year are listed below. The common stock was $120,000 and the retained earnings were $60,000atthe beginning of the current year. During the year, shareholders purchased an additional $25,000 in stock.

Accounts payable

$2,000

Miscellaneous expense

$1,030

Accounts receivable

10,340

Office expense

1,240

Cash

21,420

Supplies

1,670

Fees earned

73,450

Wages expense

23,550

Land

47,000

Dividends

16,570

Building

157,630

How would i make a income statement for the current year oct 3? Also how would i Make a retained earnings for the current year ended march 31?

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